In a recent decision, the Delaware Supreme Court affirmed a ruling of the Delaware Superior Court that Delaware has a more significant relationship than California to a directors’ and officers’ liability insurance policy (D&O policy), at least when the dispute involves a Delaware corporation and its directors and officers.
“When you’ve got a strong-minded, strong-willed leader, it is going to be challenging,” said former Airbnb Inc. general counsel Rob Chesnut.
This step-by-step guide was created after many years of “trial and error” and eventual success transferring several cases from the Court of Chancery to Superior Court.
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